
Cheap Homes for Rent in The Townes at Guilford Neighborhood of Carmel, IN from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the The Townes at Guilford area of Carmel.


741 N Rangeline Rd

1776 E 106th St

525 E 106th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

505 Vista Dr

10608B Central Ave

10604 Central Ave

1405 Sierra Springs
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
The Townes at Guilford, Carmel, IN Local Guide

How much does it cost to rent a home in The Townes at Guilford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Townes at Guilford 2 Bedroom Homes for Rent | $1,945 | $1,200 | $2,950 |
| The Townes at Guilford 3 Bedroom Homes for Rent | $2,274 | $1,800 | $2,795 |
| The Townes at Guilford 4 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
| The Townes at Guilford 5 Bedroom Homes for Rent | $7,500 | $6,500 | $9,500 |
| The Townes at Guilford 6 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the The Townes at Guilford Neighborhood of Carmel, IN.
Explore Carmel
The Townes at Guilford, Carmel, IN Local Guide
- Nearby Carmel neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available The Townes at Guilford Apartments for Rent
 The cheapest available apartment rental in the The Townes at Guilford area of Indianapolis, IN is a 1 Bed unit found at Main Street on the Monon priced from $1,144. Gramercy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable The Townes at Guilford apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Main Street on the Monon | A2 Walnut | 1BR,1BA | $1,144 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1,200 |
| Midtown Flats | Brownsburg Studio, 1 Bathroom | Studio,1BA | $1,325 |
Best Value Apartments for Rent in The Townes at Guilford, IN
As of June 22, 2026 the best value apartment in the The Townes at Guilford area is the $1.50 price per square foot Vintage Model at The Retreat at Carmel in the in the Nora neighborhood starting from $1,989. The second greatest value The Townes at Guilford apartment is the 2 bedroom 2 bathroom Renovated -Marshall Model at Governor Square starting at $1,620 with a $1.32 price per square foot in the Spring Mill neighborhood. Here is today’s list of the best values for The Townes at Guilford apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Retreat at Carmel | Vintage | 2BR,2BA | $1.50 |
| Governor Square | 2 bedroom 2 bathroom Renovated -Marshall | 2BR,2BA | $1.32 |
| Alexandria of Carmel Apartments | The Congressional 2 BR 1 BA | 2BR,1BA | $1.70 |
| Mezz 42 | Coda - (7175A3 1x1 - 950 sqft) | 1BR,1BA | $1.74 |
| L’Etoile Apartments | 1BR/1.0BA | 1BR,1BA | $1.92 |
| Highpointe on Meridian | D1 Hunter - 2.2 | 2BR,2BA | $1.67 |
| Park Lane Apartments | 7183B1 2x1.5 (876 sqft) | 2BR,1.5BA | $1.71 |
| Old Town On The Monon | A1 Foster | 1BR,1BA | $1.74 |
| Gramercy | Verde (1.10A) | 1BR,1BA | $1.58 |
| Providence at Old Meridian | 1B1B Jackson Sqr - Renovated | 1BR,1BA | $1.81 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in The Townes At Guilford, Carmel, IN
School data provided by Great Schools
Frequently Asked Questions about The Townes at Guilford
What type of rentals are currently available in The Townes at Guilford?
There are currently 47 Apartments for Rent in The Townes at Guilford, IN with pricing that ranges from $1,078 to $4,466. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Townes at Guilford ranging from $1,200 to $15,000.
What is the current price range for Rental Homes in The Townes at Guilford?
Today's rental pricing for Homes for Rent, Condos and Townhomes in The Townes at Guilford ranges from $1,200 to $15,000 with an average monthly rent of $5,336.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.